4-Bedroom House With Ornately Carved Faces Returns: 3526 N. Marshfield in Lakeview
We’ve chattered about this house at 3526 N. Marshfield in Lakeview several times over the last year.
See our April 2012 chatter here.
It not only has “ornately carved faces” on the exterior (see the listing to see plenty of pictures) but in prior listings it talked about “underground tunnels”- although that reference has now been removed.
But in case you want to own a house with a past, this house was apparently once owned by a Chicago celebrity (of whom many of you named in the first chatter we did on this property back in March 2012- and she lived in the house nearly 20 years ago!).
See the March 2012 chatter here.
If you recall, the house was built in 1889. It is on an irregular lot measuring 27.2×73.5x60x51.5.
The listing still says the house is being sold “as-is.”
All four bedrooms are on the second level and there is a family room in the basement.
The kitchen has dark cabinets and white appliances as well as a kitchen island.
The house has central air and a “gated yard with parking for 1-car”.
The house is now listed for $64,000 more than last year.
Will the hot market matter with this property?
David Bovyn at Kale Realty still has the listing. See the pictures here.
3526 N. Marshfield: 4 bedrooms, 2.5 baths, 2500 square feet, 1 car parking
- Sold in July 1991 for $160,500
- Sold in February 1994 for $176,000
- Was listed in March 2012 “as-is” for $550,000
- Reduced
- Was listed in April 2012 at $539,000
- Withdrawn
- Re-listed in July 2013 for $650,000
- Reduced
- Currently listed at $599,000
- Taxes now $8056 (they were $7958 in April 2012)
- Central Air
- Bedroom #1: 20×12 (second floor)
- Bedroom #2: 15×13 (second floor)
- Bedroom #3: 16×12 (second floor)
- Bedroom #4: 9×12 (second floor)
- Family room: 30×17 (lower level)
It doesn’t sound like this is a short sale or foreclosure. I wonder if there’s something structurally wrong with this house that is prompting the owner to sell “as-is.”
I love those stone faces, but I’m not sure I like what has been done to the house over the years. I’d want to be able to restore more of the detail and charm that has been lost to renovations over the years.
You DO have to wonder just how troubled the place may be if it is an “as is” sale. If you’ve decided you really want the place enough to pay for an inspection that might be a waste of money because it either uncovers a massive defect way too costly to justify the price, or someone outbids you, then those few hundred dollars are not wasted.
Needs a complete upgrade: all looks very cheap and I could not imagine more than 480K. The place is “a mess”.
I think the exterior stone faces make up for the ugly interior.
” I wonder if there’s something structurally wrong with this house that is prompting the owner to sell “as-is.”
Are most residential sales essentially “as is” (legally implicit)? In essence, I would think it protects the seller from the buyer coming back, post sale, trying to get repairs paid for.
Any RE attys out there that can speak to this?
Many of the pictures show a white cable line snaking up stairs, into closets, up walls. What’s up with that?
“Are most residential sales essentially “as is” (legally implicit)? In essence, I would think it protects the seller from the buyer coming back, post sale, trying to get repairs paid for.”
I thought it means that no repairs will be made or are negotiable in the sale of the place
I want to offer $480k just to piss the owner/realtor off. Nothing about this place demands the list price.
Love the staging, 4 potted plants!
This place sucks, except the faces which are worth what, maybe 2k combined?
“Are most residential sales essentially “as is” (legally implicit)? In essence, I would think it protects the seller from the buyer coming back, post sale, trying to get repairs paid for.”
Legally, it depends on what you knew and when you knew it and if you failed to disclose it.
Realistically, it can be hard for a buyer to prove and more costly in time, legal fees and effort than the actual repair.
“I want to offer $480k just to piss the owner/realtor off.”
I’d offer $325, if you want to piss them off. Purchase Price + (a little over) 3% per annum–seems about right.
This place is awful. Good location but not much more going for it.